Economy · News reference
Why Treasuries offer no real return: Peter Schiff breaks down rising national debt, stagflation, and the commodities refuge.
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Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce. The bounce came one day after the Federal Reserve delivered its first interest rate hike since 2023 and signaled at least one more this year.
The article compares two precious metals mining ETFs: GDX (gold-focused) and SIL (silver-focused). GDX offers lower fees and larger assets under management ($30.5B vs $5.3B), while SIL has outperformed GDX over the past year (43.3% vs 35.9% returns) and offers higher dividend yields. The choice depends on risk tolerance: GDX suits conservative investors seeking stability, while SIL appeals to those willing to accept higher volatility for potentially greater returns.
Security software surged on AI-safety warnings while optics and chip-test names cratered, as the 10-year yield briefly topped 5% and oil pushed past $102.
Gold breaks away from real yield rules as central banks dump Treasuries for bullion. Discover why silver could be set to target $100+.
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
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